WASHINGTON (AP) -- Mitt Romney's financial portfolio included an offshore company that remained invisible to voters for nearly 15 years.
Bermuda-based Sankaty High Yield Asset Investors Ltd. was not listed on any state or federal financial reports until it was revealed this year in Romney's tax returns. The company is among several holdings that were not fully disclosed, including one that posted a $1.9 million earning -- suggesting he could be wealthier than the nearly $250 million estimated by his campaign.
The omissions were permitted by authorities overseeing the filings, and he has never been cited for failing to disclose information about his money. But tax and legal experts say Romney's limited disclosures deprive the public of an accurate depiction of his wealth and a clear understanding of how his assets are handled.
KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.
If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.powered by Disqus